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The Best Ways To Invest In Gold: The Ultimate Gold Investing Guide

The Ultimate Gold Investing Guide Of 2024

Thank you for visiting our complete 2024 guide on the best ways to invest in gold and other precious metals. In this guide, we will help you learn how to buy gold like a pro.

We will explain why gold and other precious metals are a great investment and whether it is best to invest in physical gold, Exchange Traded Funds (ETFs), gold mining stocks, or simply open a Precious Metals IRA to take advantage of a tax-deferred gold investment.

Important Notice!
Before we go more in-depth on this gold investing guide, we know that choosing a precious metals IRA company is an important financial decision that can impact your financial future for years to come.

Our goal is to provide you with the most accurate and reliable information to help you identify the best option to grow and protect your wealth today.

With careful and extensive research, we have reviewed and rated the 7+ best precious metals IRA companies of 2024 to help make your decision easier!

>>See our list of the top 7+ precious metals IRA companies (cash sales also available).

Also, check out a time-limited special promotion from our #1 recommended company!

For a limited time, they are offering up to 10% of your order in FREE silver! Meaning that if you purchase metals for $100,000, you get $10,000 in FREE silver!

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Get up to $10,000 in FREE silver when opening a gold IRA

Rating Overview From The Same Company:

  • Free Storage for Non-IRA Precious Metals
  • Biggest Promotions in the Industry
  • Unmatched Customer Service
  • No High Pressure Sales Tactics
  • Outstanding Ratings & Customer Reviews
  • FREE and Easy IRA & 401(k) Rollovers
  • A+ BBB Rating and AAA BCA Rating
  • Highest Buy-Back Guarantee
  • 2021 Company Of The Year Award

With that said, since this is a comprehensive guide, you can use the quick links in the TOC list to jump straight to any section:

Now, let us jump straight to the topic of why you are here: to learn the best way to invest in gold.

What Is The Best Way To Invest In Gold And Other Precious Metals?


Best Ways To Invest In Gold: The Ultimate Gold Investing GuideSome investors prefer to invest in gold ETFs, gold mining stocks, or bonds but based on extensive research, we stand by our belief that the best way to invest in gold is by buying physical gold, and in this guide, we will explain why.

Despite this statement, we will still present all ways you can invest in gold so that you will have all the information you need to make the right investment decision for the future.

But if you want to jump straight to the reasons why you should invest in physical gold and other precious metals, you can click here.

That said, let us look at why you should invest in gold next.

1. Why Invest In Gold?


War, increasing gas prices, and interest rate hikes are all hitting the wallets of everyday Americans and millions are watching their retirement savings disappear as the stock market continues to take a nosedive.

Inflation remains high and we may even move toward stagflation, which is causing many Americans to move their money out of the stock market and into safe-haven assets, like physical gold and silver.

The global spot price of gold has risen significantly over the past 30 years, which shows it’s an asset class investors can rely on:

30 Year History of Gold Price

The precious metals market is also projected to hit $403.08 billion in 2021-2028 and shows a CAGR of 5.6%. And central banks keep stocking up on gold as North America is currently storing 813,962.69 US$m worth of gold according to World Gold Council’s data, which is a sign they fear what’s coming next.

Additionally, Ole Hansen, a renowned commodity expert from Saxo Bank in Denmark has predicted that gold prices could reach an all-time high of $4000 per ounce. Should markets conclude global inflation will continue to rise despite the monetary tightening, Ole believes the golden metal is set for gains!

According to US Global Investors graph below, central banks bought 400 tonnes of gold in 2022 – around $20 billion, the most in over a half-century:

Central banks are buying more and more gold

And this buying trend has continued throughout 2023. As a result, 2024 marks the start of what many believe will be a bull market for precious metals as federal spending is out of control and inflation is remaining high.

In uncertain times like these, it is more important than ever to turn to assets that help you hedge against inflation and other economic stresses to help strengthen your savings.

What Precious Metals Can Do For You

Precious metals will help you:

  • Hedge against a weaker dollar, the CBDC digital dollar, and inflation
  • Limit exposure to economic uncertainty
  • Mitigate the effects of geopolitical instability
  • Diminish negative fallout from the coronavirus economic crisis
  • Diversify your portfolio
  • Take real ownership of your financial future

Additionally, gold is a great investment because it does not only protect your portfolio from the volatility of the markets but it may also set it up for significant future growth.

As J.P Morgan once said:

“Gold is money. Everything else is credit” – J.P. Morgan

What he means is that in times of economic uncertainty and instability, buying gold makes more sense than other assets. Gold is no one’s liability and carries no counterparty risk.

It is a tangible asset that will stand the test of time. In other words, it is a store of value that offers financial insurance, which is why physical gold and other metals should be an essential part of any investor’s portfolio who want to protect their savings.

Trevor Gerszt, founder of Goldco means:

Precious metals should not be seen as an investment, but as financial insurance.

If you are ready to take action, >>>>see our list of the 7+ top precious metals IRA companies (cash sales also available).

Gold Is Considered A Valuable Luxury

Historically, gold has moved in the opposite direction of traditional securities like stocks, bonds, and mutual funds. When the stock market goes down, the price of gold and silver tends to rise.

For this reason, gold has proved to be a successful preserver of wealth throughout time. Also, high gold prices and record demand have ensured that it has outperformed most other forms of investments.

As a highly precious metal, gold’s worth is recognized internationally and is considered a valuable luxury no matter where you are in the world. Gold investment should be viewed primarily as a low-risk security asset.

So if you are looking to minimize risk, diversify your portfolio, and safeguard your wealth during times of heightened volatility, you should turn to precious metals.

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1.1 Gold Key Facts:


Here is a summary of gold key facts:

    • Gold is a mainstream asset driven by many factors, not just investment demand
    • Gold has been the world’s most popular defensive asset for over 5,000 years
    • Gold is a hedge against inflation and deflation
    • The yellow metal is one of the most effective diversifiers
    • Gold is a safe haven in times of geopolitical, economic, and financial turmoil
    • It is also a hedge against the declining dollar and money-printing policies
    • Gold is a store of value
    • It provides competitive returns compared to other major financial assets
    • Gold offers downside protection and positive performance
    • Over time, fiat currencies, including the US dollar, tend to decrease in value against gold
    • Lastly, limited supply of gold increases the demand

Why smart investors are adding gold to their portfolio? Regal Assets

The combination of these factors means that adding gold to a portfolio can enhance risk-adjusted returns.

Now, let us take a look at the increasing demand for gold and why that is.

2. Gold Demand Is Increasing


For starters, small gold bars and gold coins accounted for approximately two-thirds of the annual investment in gold. As well as around one-quarter of the global gold demand over the past decade.

Second, the demand for bars and coins has quadrupled since the early 2000s and the trend covers both the East and the West World Gold Council. The COVID-19 outbreak was the single biggest factor influencing the gold demand.

According to US Global Investors graph below, central banks bought 400 tonnes of gold in 2022 – around $20 billion, the most in over a half-century:

Central banks are buying more and more gold

And this buying trend has continued throughout 2023. As a result, 2024 marks the start of what many believe will be a bull market for precious metals as federal spending is out of control and inflation is remaining high, causing investors to seek safe-haven assets.

3. Physical Gold, Futures Options, Gold Stocks, Or Funds?


Now, let us move on to the main topic of this guide: Whether you should invest in physical gold, future options, gold mining stocks, or funds.

We will start by taking a look at physical gold.

3.1 Physical Gold

When it comes to paper gold vs physical gold, the advantage of actually being able to take delivery of physical gold coins or bars is enormous.

  • Physical gold is a timeless asset that will always have value and always lasts the test of time

  • Holding physical gold bars and gold coins provides the ultimate control and insurance for your wealth against a financial crisis in an underperforming economy

  • For instance, it is possible for a stock to go to zero, for a bond to default, and for a currency to lose its value, but gold will never be worth zero

For this reason, investing in a gold IRA is a method that is becoming more and more popular. With a gold IRA, you get to own physical gold coins or gold bars, while still enjoying the same tax advantages as a conventional IRA.

And when it comes time to take a distribution, you can choose to either receive cash or take possession of your gold coins or bars completely tax and penalty-free. For more details, please visit our gold IRA page or request this >>>FREE Gold IRA Guide.

Get up to $10,000 in FREE silver when opening a gold IRA

3.2 Futures Options (ETFs)

These indirect forms of investing in gold are much riskier than the physical metal. In fact, physical gold offers you that layer of protection and security, which ETFs (Gold Exchange Traded Funds) do not.

  • A gold ETF is an exchange-traded fund with gold being the principle and the only commodity being traded.

  • Similar to the banking crisis, ETF companies are vulnerable, unpredictable, and controlled outside your hands.

So, investing in an ETF that owns gold stocks is a higher-risk way to play. Also, the management fees on your holdings will add up. And in practice, this can have much the same effect as inflation.

3.3 Gold Mining Stocks & Funds

If you do not want to purchase physical gold, you can always look to gold mining stocks. But keep in mind that gold stocks do not necessarily move in concert with bullion prices since mining companies succeed or fail based on their individual operating performance.

As well as how they deploy their capital and generate profits. If you like the profit potential of gold mining stocks but do not want to buy individual companies, you can invest in gold funds instead.

However, be aware that gold stocks rise and fall faster than the price of gold itself. As a result, you do not have the security of physical possession of the metal if the companies you buy are unsuccessful.

With physical gold bullion, this would not affect you directly as you are not relying on any third-party individual or company to look after your wealth for you. Instead, you are in control of your own wealth.

It goes without saying:

If you don’t hold it, you don’t own it!

3.4 Gold Coins Or Gold Bars?

Whether to invest in gold coins or gold bars depends on your individual investment goals and situation.

  • For starters, Gold bars are the largest and most efficient way to purchase and store large amounts of gold.

  • They are usually also the most cost-efficient because they have the smallest premium over the gold spot price and the lowest markups for design and transportation.

  • Also, gold bars are easier to stack and more difficult to counterfeit.

  • On the other hand, gold coins are smaller and more convenient than gold bars. But they are also more difficult to store because they are easier to lose.

  • For this reason, gold coins are less efficient than bars for holding large amounts of metal.

  • And some premium coins may come with a higher premium over spot since they can be marked up for design or rarity.

  • However, gold coins are more useful for people who intend to use their gold as money.

  • And for maximum liquidity, investors tend to stick with the most widely circulated gold coins, including the South African Krugerrand, the American Eagle, and the Canadian Maple Leaf.

IRA eligible gold bullion
IRA eligible silver bullion

Image Source: augustapreciousmetals.com
For more details, you can view our list of IRA-approved gold and silver bullion.

Additionally, prudent gold investors ensure that they pay the lowest costs to purchase their gold. And are then able to sell it quickly and easily for the full value when they want to.

The good news is that you can rest assured that there will always be established bullion dealers who are willing to buy your gold instantly over the telephone. In just a few minutes, you can realize the value of your gold and get a bank transfer or instant cash payment on the very same day.

For instance, both gold investment companies, Augusta Precious Metals and Goldco will buy back your precious metals any business day of the week, and have funds in your possession within 24 hours of a sale.

If you are ready to take action, >>>>see our list of the 7+ top precious metals IRA companies (cash sales also available).

4. What Is Better To Invest In: Gold Or Silver?


The question of whether it is better to invest in gold or silver is often on new investors’ minds. First of all, it is important to remember that gold and silver have their own advantages and disadvantages.

Ultimately, your decision to invest in gold or silver will depend on which metal better suits your investment needs. Many investors decide to invest in both gold and silver.

Here are a few things to consider:

  • Investing in gold has the advantage of long-term price stability and unparalleled wealth protection.
  • On the other hand, silver has the advantage of higher potential gains.
  • In fact, silver quadrupled in price after the 2008 recession, while gold only tripled in price.
  • Also, some investors like the feeling of getting something for their money when buying silver.

While $50,000 in gold can fit into your pocket, $50,000 in silver will fill many Priority Mail shipping boxes. So, the sheer amount of silver can make some investors feel rich.

In addition, you should not forget that you have the option to invest in four different precious metals: gold, silver, platinum, and palladium. We will dig deeper into these metals in the section: The 4 best precious metals to invest in right now. As exciting as that might be, how much gold should you invest to achieve maximum benefit, you may ask?

Let us answer that next.

5. How Much Gold Should You Invest?


According to the portfolio allocation analysis (based on the seminal work of Richard and Robert Michaud), investors who hold between 2% to 10% of their portfolio in gold can significantly improve their performance.

This is also true when assuming a conservative average annual gold return of a modest 2% to 4%, which is well below its actual long-term historical performance. So, investing as little as 2% to 10% of your total portfolio will set your portfolio up for significant growth. But more importantly, it will offer you financial insurance and a hedge against inflation.

Note: Any gold company that tells you to invest more than 10% of your total portfolio does not have your best interest in mind, and you should continue looking for a reputable gold dealer.

6. How Liquid Are My Precious Metals Investments?


The liquidity of your precious metals investments will depend on what form of precious metals you invest in. But in general, gold and silver are highly liquid.

In fact, gold and silver are traded 24/7 around the world. The investor markets for gold coins and bars are highly active. And as previously mentioned, you can rest assured that you will always be able to find a willing buyer for your precious metal investments.

Today, the demand for gold and silver is so high that many investors cannot find enough gold and silver coins. Some mints around the world had to shut down their operations temporarily as a result of COVID-19, which has had the effect of further spurring demand.

Needless to say, everyone wants to get their hands on gold and silver coins while they still can and before prices rise any further. When investing in, for example, a Precious Metals IRA and you want to take a distribution, you can easily take possession of your precious metals.

Also, aside from potentially having to sell a portion of your assets to cover any taxes you may owe, you will not necessarily have to worry about liquidating a huge portion of your precious metals.

Goldco Free Wealth Protection Kit

7. Choosing A Reputable Gold Dealer


We cannot state enough how important it is to choose a reputable gold dealer. It can make all the difference, both when it comes to credibility and reassurance. As well as when assessing the vital elements that can affect your investment return such as coin selection and tax efficiency.

It is of paramount importance to do proper due diligence before transferring your hard-earned money from your bank account. More importantly, because gold is an expensive purchase, one bad transaction can cost you a lot of money.

Reputable gold investment companies will be able to help both experienced investors looking for diversification, as well as those looking to own gold for the first time.

The 7+ Best Gold IRA Companies Of 2024

To help you identify the best option to protect and grow your wealth today, we have reviewed and rated the top 7+ gold IRA companies in the industry:

Here’s our list of the top 7+ gold IRA companies (reviewed & rated), starting with our winner Goldco Precious Metals:

1. Goldco: Best Overall Gold IRA Provider
2. Augusta Precious Metals: Most Trusted Gold IRA Company
3. American Hartford Gold: Most Transparent Fee Structure
4. Birch Gold Group: The Gold IRA Specialist
5. American Coin Co: Best ROI Gold IRA
6. Noble Gold: Most Personalized Service
7. Gold Alliance: Most Affordable Gold IRA
8. BullionVault: Best Online Gold & Silver Trading Company

>

Company Reviews Annual Fees Investment Minimums (IRA) Preferred Custodian Free Gold Kit
Goldco: Best Overall Gold IRA Company Reviews $0 $25,000 Equity Trust
Reviews $0 $50,000 Equity Trust
Reviews $100 $10,000 Equity Trust
American Coin Co. Review - Is The Company Legit Or A Scam? Reviews $0 $10,000 Equity Trust
Reviews $180 $10,000 Equity Trust
Reviews $80 $2,000 Equity Trust
Reviews $180 $10,000 Equity Trust

You can rest assured that your gold investment will be safe with any of these precious metals companies. Besides, your gold dealer should also be able to offer options such as tax-free gold, pension gold or a so-called gold IRA, a buy-back program, and so forth.

Why Not Sign Up For This FREE Investor Webinar To Learn More?

Best Overall Gold IRA Company: Augusta Precious Metals

7.1 How To Do Your Due Diligence


Step 1. Research The Internet

The internet is the best place to conduct your research. The internet holds information about the impartial experiences, opinions, and recommendations of millions of people all around the world. Simply use the Google Giant, and type in the company or brand name to see what comes up.

Step 2. Research Customer Reviews

The internet is the world’s largest open forum over which companies have no control. It will quickly become apparent if a gold bullion dealer has a negative online reputation, in which case they should be avoided at all costs.

The best way is to research what other customers are sharing about their experiences on independent third-party review sites like TrustLink and TrustPilot.

Also, an effective way to identify credible reviews is to type the bullion dealer’s brand name into Google search followed by the word ‘reviews’. For example, ‘Goldco reviews or Regal Assets reviews’. And anything below 4.7 out of 5 would require some serious further investigation.

Step 3. Trust Your Gut Feeling

After speaking to a gold bullion dealer, you should feel certain that they have your best interest in mind. Be alarmed if they recommend investing all your assets into precious metals. The whole idea is to diversify your assets.

Also, your gold dealer should consider your long-term investing goals and recommend the best solution for you.

That said, both Augusta Precious Metals and Goldco are top-rated precious metals companies that offer the finest 99.9% IRS-approved gold and silver bullion.

 

8. Where To Store Your Gold Bullion?


There are 3 primary options for storing your gold bullion:

Option 1. Take Physical Possession Of Your Gold

The best way to invest in gold is by owning physical goldFirst of all, you can take personal custody of your bullion. If you choose this option, you will need to store it in a safe place, somewhere it is unlikely to get stolen or destroyed by fire or some other disaster.

Furthermore, make sure to insure your gold. You can do this easily with your homeowner’s insurance policy to provide coverage in the event of a loss.

Option 2. Storage With The Gold Dealer

Second of all, you can store your gold with the gold dealer you bought it from. For example, Goldco charges $0 for storage for non-IRA transactions.

Option 3. Open a Gold IRA Account

Third of all, a self-directed gold IRA will allow you to hold bullion in your retirement account with the same tax advantages as a conventional IRA. Setting up a gold IRA is a specialized process, and you will need to find an IRA custodian that specializes in this practice.

For this reason, we highly recommend starting your gold IRA with any of the companies below. They all have Precious Metals Specialists who can help you make the transfer or rollover process quick and painless.

You can request a free gold information kit from each company by clicking on the button to the right.

Here’s our list of the top 7+ gold IRA companies (reviewed & rated):

1. Goldco: Best Overall Gold IRA Provider
2. Augusta Precious Metals: Most Trusted Gold IRA Company
3. American Hartford Gold: Most Transparent Fee Structure
4. Birch Gold Group: The Gold IRA Specialist
5. American Coin Co: Best ROI Gold IRA
6. Noble Gold: Most Personalized Service
7. Gold Alliance: Most Affordable Gold IRA
8. BullionVault: Best Online Gold & Silver Trading Company

>

Company Reviews Annual Fees Investment Minimums (IRA) Preferred Custodian Free Gold Kit
Goldco: Best Overall Gold IRA Company Reviews $0 $25,000 Equity Trust
Reviews $0 $50,000 Equity Trust
Reviews $100 $10,000 Equity Trust
American Coin Co. Review - Is The Company Legit Or A Scam? Reviews $0 $10,000 Equity Trust
Reviews $180 $10,000 Equity Trust
Reviews $80 $2,000 Equity Trust
Reviews $180 $10,000 Equity Trust

9. Why Invest In A Gold IRA?


You should invest in a gold IRA because it allows you to diversify any portion of your retirement portfolio by actually owning physical metals within that retirement plan.

Besides, you can include pre-existing IRAs and former 401k(s) or TSPs with previous employers. For more details, visit our guide on how to buy gold with your 401(k) or TSP to gold IRA – how to convert your TSP to gold.

By investing in gold and other precious metals through a gold IRA or precious metals IRA, you can rest assured that your assets are safe and secure. You do not have to worry about a possible stock market crash or inflation, where your paper assets potentially will lose most of their value.

Investors can securely possess physical precious metals in a tax-deferred account.

To learn more, check out this video about the benefits of investing in a gold IRA:


 

10. How To Start A Gold IRA


If you are interested in physical precious metals, starting a gold IRA is easy! Simply, fill out this online application and a precious metals specialist will contact you within 15 minutes. Filling out the short form will also grant you access to a Gold IRA Guide or Investment Kit that will be shipped to you for free. This comprehensive guide will give you all the information you need to make informed decisions about your investment.

To establish an account, you’ll need to provide personally identifiable information like your social security number. If you don’t have a precious metals custodian company, your choosen gold IRA company will help you set up an account with one of their preferred custodian companies.

This is the gold IRA setup process in short:

✓ Sign Your Agreement

To secure your precious metals purchase and understand the company’s terms of doing business, you will review, approve and sign a standard customer agreement.

✓ Fund Your Account

There are different ways to fund your account, and those are typically either sending funds through a bank wire, or simply mailing a check to the gold IRA company of your choice’s office.

✓ Select Your Precious Metals

As soon as you have funds in your account, it’s time to start thinking about which precious metals to add to it. You get to pick and then the gold IRA investment firm handles the shipping. Plus, you can choose to have your coins delivered to an independent insured depository, sent straight to you, or you might even qualify for free storage (ask your provider).

Get Up to $10,000 Back in FREE Silver When Opening a Qualifying IRA

11. The 4 Best Precious Metals To Invest In Right Now


Bullion bars - How To Invest In Gold

While everyone is familiar with gold and silver, they often overlook the other precious metals, those in the platinum group: ruthenium, rhodium, palladium, osmium, iridium, and platinum.

So what is the best metal to invest in right now?

1. Gold

How To Invest In Gold - gold coins, gold bullionThere is a reason people refer to certain benchmarks as a “gold standard” – because gold is the object against which every other good has always been valued.

Here are reasons why gold is the most desirable of the metals:

  • Gold’s ability to maintain its value over time is legendary.
  • Just look at the difference between a $20 gold piece and its contemporary $20 bill. That $20 bill is still worth $20, while the $20 gold piece will net you over 80 times that much.
  • More so, gold is not just a source of stability or diversification for an investment portfolio.
  • It is also a source of potential wealth appreciation.
  • For instance, in the aftermath of the 2008 financial crisis, the price of gold nearly tripled in value.
  • Those who want to protect their tax-advantaged retirement accounts can even take advantage of a 401(k) to gold IRA rollover to invest in gold.

A gold IRA allows owners of tax-advantaged retirement accounts such as a 401(k), 403(b), TSP, IRA, or similar account to roll over those funds into an IRA that invests in precious metals such as gold.

As mentioned, the gold IRA offers the same tax advantages as any conventional IRA, but with the added protection that an investment in physical gold coins or bars can offer.

2. Silver

How To Invest In Gold - silver coins, silver bullionAll that glitters is not gold, as silver investors know well. While silver often plays second fiddle to gold, it is an important metal in any investor’s portfolio because of the following reasons:

  • During precious metal bull markets, silver’s gains can often outstrip those of gold.
  • In fact, after the 2008 crisis silver quadrupled in price while gold only tripled.
  • Additionally, the silver price and market are different than that of gold because silver is much more heavily used in industry than gold.
  • Roughly half of all demand for silver comes from industry, whether it is from electronics, dental equipment, or increasingly the solar panel industry. And for this reason, the industrial demand for silver is forecasted to increase.

Read more about the benefits of silver in 10 reasons why you should invest in silver.

Like gold, silver can be invested through an IRA. A silver IRA allows investors to hold the silver in an IRA and enjoy all the same benefits of a tax-advantaged retirement account, while simultaneously investing in physical silver coins or bars.

 

Get up to $10,000 in FREE silver when opening a gold IRA

3. Platinum

Canadian Leaf Palladium CoinPlatinum is the third-most-popular precious metal among investors today. Platinum’s history is not as long as that of gold even though the metal has existed for millennia.

Roughly half of the platinum produced today is used in automotive catalytic converters, its primary industrial use. A large portion of platinum is used in jewelry. And the remainder is used for electronics and in various other industries that need platinum’s resistance to corrosion.

The platinum price has been more volatile than gold recently, largely due to falling industrial demand from the automotive industry. Over 80% of today’s platinum production comes from South Africa, which may lead to fears of supply disruption.

However, that also means that in the event of a disruption, the platinum price should rise significantly. With that said, it is hard to imagine platinum becoming any cheaper than it already is.

Years from now investors may look back and kick themselves for not investing in platinum when they had the chance.

4. Palladium

American Bullion Palladium CoinsOnly discovered in the early 19th century, and once of limited use primarily in jewelry, palladium has rocketed in price in recent years. Like its sister, platinum, palladium finds one of its primary uses in the automotive industry in catalytic converters.

Recent supply disruptions have caused the palladium price to skyrocket, reaching over $2,500 at one point in early 2020. Even though the price has fallen back below $2,000, palladium is still more valuable than gold, at least for now.

On a final note, we want to give you something important to consider: The power and freedom precious metals offer.

12. Gold Is Power And Freedom


Noble Gold's Gold IRAs & Silver IRAs
Image Source: noblegoldinvestments.com

Gold and silver have been the money formula for thousands of years. Because investors are allowed to hold their precious metals outside of the financial system, it gives them some level of power, liberty, and freedom. Much of the world relies on a debt-based Fiat Ponzi scheme and metals protect investors from this.

More so, precious metals are a separate asset class from stocks and bonds and are partially uncorrelated, which means that they have their own unique risks and opportunities.

Gold should be the most essential part of your investment portfolio since it is a form of financial insurance and an inflation and deflation hedge. The yellow metal protects you from currency risk, stock market volatility, and the grip of the financial system.

Besides, just a small allocation of precious metals 2% to 10% could add a significant amount of protection to your portfolio if things get ugly in the financial markets.

There will always be a great demand for physical gold and silver. But, unfortunately, there is a limited supply, which is why investors are flocking to get hold of the yellow metal while they can.

And you should, too!

If you are ready to take action, >>>>see our list of the 7+ top precious metals IRA companies (cash sales also available).

Goldco Free Wealth Protection Kit

Gold IRA Guide

Gold IRA Rollover & Transfer Explained

Welcome to our Gold IRA Guide

Learn everything you need to know about owning physical gold in an Individual Retirement Account, 401(k) rollover and transfer rules, the best gold IRA companies, etc.

Welcome to gold IRA rollover & transfer explained.

Learn what the difference between a gold IRA rollover and transfer is, what are the rules and regulations, how to store your IRA gold, when you can take physical possession of your gold, etc.

Frequently Asked Questions & Answers

Why is gold considered a safe haven investment?

Because gold serves as a hedge against inflation, deflation, currency risk, stock market volatility, etc. Gold is a store of value and should be seen as financial insurance. Historically, gold moves in the opposite direction of traditional securities like stocks, bonds, and mutual funds. When the stock market goes down, the price of gold and silver tends to rise. So, if you are looking to minimize risk, diversify your portfolio, and safeguard your wealth during times of heightened volatility, you should hold physical gold.

Why should you invest in a gold IRA?

You should invest in a gold IRA to protect your retirement savings account and make sure your assets are safe and secure, while also ensuring that your wealth will appreciate. By investing in gold and other precious metals through a gold IRA, you do not have to worry about a possible stock market crash or inflation, where your paper assets would lose their value. It also allows you to take advantage of a simple and easy IRS loophole that allows you to hold physical gold and silver with the money you already have saved in your retirement accounts, completely tax and penalty-free.

Is a gold IRA a safe investment?

Yes. Your precious metals investments are stored with a custodian, just like any other IRA asset. An IRA custodian is a financial institution that holds your account’s investments for safekeeping and sees to it that all IRS and government regulations are adhered to at all times. The custodian could be a bank, credit union, trust, or another company called a non-bank custodian.

Can I store my precious metals at home?

Non-IRA precious metals, yes. Not metals in an actual gold IRA. IRS rules forbid keeping your IRA precious metals at home or in a standard safety security box. They must be held by an approved non-bank trustee or a bank within IRS guidelines that restricts access and keeps all precious metals segregated by the customer. This ensures exact metals purchased by a specific customer are returned to that same customer once legal distribution requirements are met.

In other words, just like a Traditional IRA, the access to the precious metals in your Precious Metals IRA must be restricted in specific ways to ensure deposit and disbursement laws are followed.

Is the value of the precious metals I buy for my IRA guaranteed?

No. Like all investments, the future value of precious metals is not guaranteed and can rise or fall based on a variety of market influences. This is why it is good to diversify your portfolio with other asset classes such as cryptocurrencies, real estate, etc.

Should I invest in physical gold, future options (ETFs), gold mining stocks, or gold funds?

Indirect forms of investing in gold are much riskier than physical metal. You are relying on any third party individual or company to look after your wealth for you, and depending on the company’s success or failure, you risk losing your investment. With physical gold, you are in control of your wealth. Physical gold offers you that layer of protection and security which Gold Exchange Traded Funds (ETFs), gold mining stocks and funds do not.

Should I buy gold coins or gold bars?

It depends on your individual investment goals and situation. Gold bars are the largest and most efficient way to purchase and store large amounts of gold. They are usually also the most cost-efficient because they have the smallest premium over the gold spot price and the lowest markups for design and transportation. They are also easier to stack and more difficult to counterfeit.

Gold coins are smaller and more convenient than gold bars, but they are also harder to store because they are easier to lose. Gold coins are less efficient than bars for holding large amounts of metal and some of them may come with a higher premium over spot since they can be marked-up for design or rarity. Although, gold coins are more useful for people who intend to use their gold as money.

When it comes to gold IRAs, only certain coins are IRS approved for inclusion in IRAs. In fact, not all bars or bullion are IRS approved. The IRS or your gold IRA company maintains a list of acceptable forms of precious metals for IRAs.

When will I be eligible for distributions from gold IRA?

At age 59½, you or the beneficiary of your gold IRA can start taking penalty-free distributions from the account, according to the IRS.

Extended Gold IRA FAQ

See more frequently asked questions and answers about Gold IRAs
About How To Invest Gold

Our Mission

For over a decade, our mission has been to provide investors and retirees with all the information they need when it comes to precious metals and cryptocurrency investing.

Gold backed IRA - Goldco, Regal AssetsNot only do we provide a complete guide on the best ways to invest in precious metals, but we have also carefully vetted the best precious metals companies in the US to help you choose the best provider for your investment needs.

We believe that investing in precious metals and cryptocurrencies through your 401(k)/IRA is one of the best ways to invest in this asset class, due to the tax-saving component. A gold IRA or crypto IRA is the best way to protect your retirement account against an unstable market.

Disclaimer: The owner of this website is not licensed as an investment advisor and, accordingly, does not make any recommendations regarding clients’ personal investment portfolios. It is recommended that you carefully evaluate and research the risks and rewards associated with investing in alternative assets such as physical precious metals and cryptocurrencies before you make a purchase. Learn more in our Terms of Service.

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